Advertisement

Economic Analysis Methods for Natural Resource and Environmental Policies

  • Vo Thanh Danh
Chapter

Abstract

Economic analysis is an economic term related to a monetary quantitative analysis for a certain change. For instance, it traces the change in output in the monetary values through households and firms in the regional economy due to effects of upstream hydropowers at the MR in Southeast Asia. Economic analysis measures total effects of the monetary change. Total effects are the sum of direct effects, indirect effects, and induced effects. In the example of hydropower case, direct effects imply changes in economic activities (e.g. expenditures, hiring, etc.), while indirect effects refer to economic activities due to purchases by directly affected businesses. Meanwhile, induced effects relate to economic activities due to spending by workers of directly and indirectly affected businesses. An economic analysis measures monetary changes of these effects. A broad economic analysis requires a multiplier analysis to capture all direct, indirect, and induced effects in sectoral, regional, and national economy models.

References

  1. Bateman IJ, Carson RT, Day B, Hanemann M, Hanley N, Hett T, Jone-Lee M, Loomes G, Mourato S, Özdemiroğlu E, Pearce DW, Sugden R, Swanson J (2002) Economic valuation with stated preference techniques: a manual. Department for Transport. Edward Elgar Publishing, CheltenhamCrossRefGoogle Scholar
  2. David J, Francisco HA (eds) (2015) Cost-benefit studies of natural resource management in Southeast Asia. Springer, SingaporeGoogle Scholar
  3. Ecosystem Valuation (2019) Dollar-based ecosystem valuation methods. http://www.ecosystemvaluation.org/dollar_based.htm

Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  • Vo Thanh Danh
    • 1
  1. 1.EAAERECan Tho UniversityCan Tho CityVietnam

Personalised recommendations